Lifecenter on the Green Inc

“Many of the persons listed on Part VII have a business relationship with each other by virtue of sitting on related LifeCenter on the Green entity boards.”

“The sole member is Covenant Ministries of Benevolence (CMB).”

“The Member elects the Board of Directors.”

“Section 4.1 of the Bylaws grants reserved powers to the member, such as approval of the stratgic plan, the mission statement and major changes of policy, and approval of certain acquisitions, dispositions and financing, and changes to articles and bylaws.”

“Management Review: The draft Form 990 was reviewed by management, the CFO of Swedish Covenant Hospital, and the CFO of Covenant Ministries of Benevolence. Board Review: The final form 990 was reviewed by a board member prior to filing.”

“Life Center On The Green, Inc. has an Adminstrative Policy on conflict of interest, identifying the parameters of a conflict of interest and the requirement to disclose any such conflict of interest. Each January, the policy is distributed to the board members. They are asked to sign acknowledging receipt of policy and to disclose if they have any conflict of interests. If someone is absent from the meeting or fails to return the acknowledgement, there is a follow-up with the individual until the signed acknowledgement is provided. Any director who has any financial interest in any matter under consideration by the board, or any committee of the board, shall be disqualified from participating in deliberations involving such matter and shall absent himself from the room while such deliberations and voting are underway.”

“The organization's top management officials and key employees are compensated by the related organizations Covenant Ministries of Benevolence and Swedish Covenant Hospital. The related organizations use a third party consultant and industry compensation survey information, along with an annual review by their Boards of Directors Compensation Committee to assure compensation is reasonable and within market practice for their industries.”

“A copy of the organization's Form 990 is available upon request by contacting the Life Center on the Green administration at 773-878-9936.”

“The governing documents, conflict of interest policy and financial statements are available upon request by contacting the LifeCenter On The Green administration department at 773-878-9936.”

“LEASED EMPLOYEES: Program service expenses 0. Management and general expenses 724,125. Fundraising expenses 0. Total expenses 724,125. CONSULTING: Program service expenses 1,395. Management and general expenses 845. Fundraising expenses 0. Total expenses 2,240.”

“Change in Pledge Recievable -40,000.”